Octane is unlocking the power of financial products for merchants and consumers. Our cutting-edge technology and innovative financial products empower businesses with more control and flexibility, enabling them to deliver seamless digital experiences, drive customer loyalty, and build long-term value.
Octane supports merchants throughout the sales cycle: connecting dealerships with high-intent buyers, driving transparent, fast, and easy closings with award-winning technology, and providing on-going customer care with superior loan servicing.
Founded in 2014, Octane supports over 60 OEM partner brands and over 4,000 dealer partners, and has a team of over 600. Visit www.octane.co.
Responsibilities:
- Work directly with financially distressed customers.
- Evaluate the customer’s situation against our possible remedies.
- Negotiate with customer to keep loan active and prevent loss for the company and for the customer.
- Process and follow up on the workout remedy plan until completed, which may possibly include the entire reinstatement process of repossessed collateral or an extension.
- Meet monthly productivity and quality goals.
- Comply with all federal and state specific laws that regulate collections and servicing activities.
Requirements:
- HS Diploma or GED required (some college coursework a plus) followed by a minimum of three years of Financial Services experience, ideally in auto finance or an installment loan portfolio. Collection experience is a plus.
- Experience in a fast-paced environment.
- Working knowledge of Word and Excel /Google Suite.
- Able to master use of web-based system of record (LoanPro) – Training Provided.
- Strong communication skills both verbally and written as roles are a combination phone and communicating through chat and email. Bi-Lingual English/Spanish a plus
- Excellent “people” skills and a strong customer service attitude.
- Demonstrates problem solving ability.
- Ability to express empathy and unconditional positive regard as you will be dealing with distressed consumers.
- Ability to learn new processes.
- Able to work a flexible schedule which may include some overtime, some nights, weekends, and holidays; Honest with strong work ethic, unscheduled absences are rare, always punctual.
Preferred Skills:
- Auto finance experience
- Installment loan portfolio
- Collection experience
- Bi-Lingual English/Spanish a plus
Benefits:
- Robust Health Care Plans (Medical, Dental & Vision)
- Up to 20 Days PTO (Accrued)
- Generous Parental Leave
- Retirement Plan (401k with Company Match).
- Educational Assistance/Tuition Reimbursement up to $3K/year
- Powersports Safety Benefit
- Wellhub (Gympass) Wellness Benefit
Octane Lending is an equal opportunity employer committed to providing equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other protected status with respect to recruitment, hiring, promotion and other terms and conditions of employment.
Disclaimer: The above statements are intended to describe the general nature and level of work being performed by associates assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.
Skills Required
- High school diploma or GED
- At least three years of financial services experience
- Experience in a fast-paced environment
- Working knowledge of Microsoft Word and Excel or Google Suite
- Ability to learn and use LoanPro or similar web-based systems
- Strong verbal and written communication skills
- Excellent interpersonal and customer service skills
- Problem-solving ability
- Empathy and ability to work with distressed consumers
- Ability to learn new processes
- Ability to work a flexible schedule, including possible overtime, nights, weekends, and holidays
- Auto finance experience
- Installment loan portfolio experience
- Collection experience
- Bilingual English and Spanish
- Some college coursework
Octane Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Octane and has not been reviewed or approved by Octane.
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Leave & Time Off Breadth — Feedback suggests PTO is substantial—“4+ weeks” advertised and reports of up to five weeks with flexible/self-managed policies. Time off is frequently highlighted as a standout element of the package.
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Parental & Family Support — Feedback suggests parental leave is generous, with mentions of paid leave and examples such as 16 weeks of paid paternity leave. Employer materials consistently position parental leave as a core benefit.
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Retirement Support — Feedback suggests the 401(k) match is clearly defined at up to 4% (100% of the first 3% and 50% of the next 2%). The plan is commonly described as solid and straightforward.
Octane Insights
What We Do
We’re a fintech company that makes buying better. We connect people with their passions by combining cutting-edge technology and innovative risk strategies to make lifestyle purchases - like powersports vehicles, RVs, and outdoor power equipment - fast, easy, and accessible, while delivering a seamless, end-to-end digital buying experience in industries ripe for disruption. Octane adds value throughout the customer journey: inspiring enthusiasts with our editorial brands, including Cycle World® and UTV Driver®, instantly prequalifying consumers for financing online, routing customers to dealerships for an easy closing experience, and supporting customers throughout their loan with superior loan servicing. We work with over 4,000 dealer partners and over 30 OEMs across the United States, and we recently surpassed $1B in 2022 YTD originations. Founded in 2014, we’re a remote-first company with over 600 employees across the world, and we have offices in Irving, TX, New York, NY, and Irvine, CA. We made the top 10% of the 2022 Inc 5000 list of the fastest growing private companies in America and are Certified as a Great Place to Work®.
Why Work With Us
We’re a diverse team of innovators determined to give our customers the best possible experience. Information is shared transparently, enabling cross-functional collaboration. We’re a performance based culture where accomplishments are both celebrated and rewarded, always looking for new talent to help us develop our industry-leading products.
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